#Pi

𝙋𝙞 𝘾𝙤𝙞𝙣 𝙀𝙭𝙘𝙝𝙖𝙣𝙜𝙚 𝘿𝙚𝙥𝙤𝙨𝙞𝙩𝙨 𝙎𝙪𝙧𝙜𝙚 𝘼𝙝𝙚𝙖𝙙 𝙤𝙛 𝙋𝙞 𝘿𝙖𝙮 2, 𝙒𝙝𝙖𝙩’𝙨 𝙉𝙚𝙭𝙩?

Pi Coin has seen a 12% price decline over the past week, driven by a surge in Pi Network exchange deposits, reaching 347.6 million tokens.

Pi Coin, the native cryptocurrency of the Pi Network, is facing significant selling pressure as exchange deposits rise ahead of the upcoming Pi Day 2 on June 28. This trend reflects declining confidence among network participants, with many expressing low expectations from the Pi Core team for the announcement. Over the past week, the Pi token price has dropped 12%, influenced by broader market volatility.

Pi Coin investor confidence drops ahead of the Pi Day 2 event on June 28.

Community members have urged the Pi Core team to provide credible updates, emphasizing areas like KYC-verified user stats.

The lack of substantial updates has fueled doubts and reduced optimism among network participants.